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Risk is more than just a four-letter word, especially for India’s largest lender,State Bank of India (SBI). With an asset base of $352 billion (Rs16 trillion), accounting for a quarter of the assets in the Indian banking system, SBI has more than 13,000 branches. The IT infrastructure required to support such a bank is significant. […]

Dewan Housing Finance Corporation Limited (DHFL) has launched Aadhar Housing Finance Private Limited, targetting the ‘bottom of the pyramid’ home loan space in Uttar Pradesh and other states with similar socio-economic profile. DHFL has chosen Uttar Pradesh as the launch pad of the new group company acknowledging the ‘huge potential’ in the market. Later, Aadhar […]

The next time you swipe your debit card at a petrol bunk, use a credit card to buy a movie ticket or pay a bill online, do it at your own risk. A new survey of security in Indian banks has revealed that many of them do not follow even basic measures to ensure card […]

Transport Policy (NUTP) to provide a common ticket for all types of public transport system, will soon become a reality in the state. The CMC, similar to a credit card which functions as an e-purse, can be used in all modes of transport. Once introduced, one can travel across the country using a single card. […]

Each individual has a dream of having your own home and property. For those who can not afford to spend huge sums of money both to buy the dream home loans there to help. There are many mortgage lenders out there on the market, ready to help you. But before choosing a mortgage or selecting […]